2023 OMR to KWD Historical Review

YEARLY HIGH

0.8070 KWD

YEARLY LOW

0.7903 KWD

YEARLY AVERAGE

0.7984 KWD

2023 OMR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.8070. Conversely, the yearly low was recorded on February 4, dropping to 0.7903.

This high-to-low spread represents a total annual volatility of 0.0168 KWD. From a start-to-finish perspective, comparing the January average rate of 0.7937 to the December average rate of 0.7997, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8070 was down 0.00% compared to the 2022 peak of 0.8070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 OMR based on timing:

Yearly Peak High 4,035 KWD

2022 Average 3,978 KWD

Yearly Trough Low 3,951 KWD

Transaction Impact: A difference of 83.81 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8043

0.7928

JanuMarcMayJulySeptNove

OMR to KWD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7963, compared to 0.8006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.7963

H2 Avg (Jul–Dec) 0.8006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0100 KWD (High: 0.8003 / Low: 0.7903). On the other end, November was the most stable month, with a tight range of 0.0027 KWD (High: 0.8030 / Low: 0.8003).

February Spread (Volatile) ±0.0100

November Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8033) against the same month in 2022 (average: 0.8052), the exchange rate shifted by -0.0019 (-0.23%).

2023 Avg (October) 0.8033

2022 Avg (October) 0.8052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7967	0.7912	0.7937
February	0.8003	0.7903	0.7952
March	0.8042	0.7949	0.7970
April	0.7992	0.7945	0.7961
May	0.7993	0.7950	0.7973
June	0.8000	0.7955	0.7982
July	0.7987	0.7941	0.7969
August	0.8016	0.7987	0.7998
September	0.8034	0.8003	0.8020
October	0.8070	0.8022	0.8033
November	0.8030	0.8003	0.8015
December	0.8025	0.7977	0.7997